[Renowned Trader: Heavy Positions in Circle, Coinbase, and ETH, Betting on Regulated On-Chain Financial Restructuring] BlockBeats News, July 31 — Renowned trader Doctor Profit stated in a post that while global capital is broadly betting on AI, the more significant long-term shift might be the restructuring of the financial system. He referred to Circle, Coinbase, and ETH as the 'Galactic Big Three,' believing they respectively represent regulated digital dollars, the gateway for traditional capital to enter on-chain markets through custody and trading, and the settlement network for asset tokenization. He has already established large-scale, long-term positions in these assets. Doctor Profit remains bullish on BTC in the long term but has adjusted his crypto asset allocation for this cycle to 60% ETH and 40% BTC. He noted that Coinbase serves as the primary custodian for BlackRock's Bitcoin spot ETF and holds equity in Circle, with its Base network settling on Ethereum. Circle's USDC reserve fund is managed by BlackRock. Ethereum also hosts BlackRock's tokenized treasury fund BUIDL and occupies a major share of the real-world asset tokenization market. Doctor Profit believes the potential benefits of the CLARITY Act for ETH, Circle, and Coinbase may outweigh those for BTC, as it will further clarify regulatory rules for tokens, trading platforms, stablecoin yield products, and DeFi. He predicts that future on-chain finance will lean more toward compliance, regulation, and institutional dominance. He disclosed purchasing Circle at approximately $62 and expects its stock price to reach at least $500 by 2030. [Original Link]